Eye on New York: Phony State Retiree Scare

Public employee unions and Gov. Hochul are pushing a false claim that “more than a quarter of the state workforce is poised to retire,” warns the Empire Center’s Ken Girardin. Hochul “didn’t provide a source for the 26percent figure” she cited, which is “more than double what state officials are actually forecasting.” In reality, “people are choosing to retire at a later age,” the average age of workers has fallen and they’ve been on the job for shorter time. That supports “the finding that New York faces a smaller, not larger, retirement wave.” But in Albany, “public employee unions making false claims for their financial gain, and state lawmakers failing to understand” basic state operations isn’t unusual.